Coinflash

Automatically invest your spare change into cryptocurrency.

8 followers

Automatically invest your spare change into cryptocurrency.

8 followers

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Coinflash rounds up your change to the nearest dollar from your credit and debit card purchases and invests it automatically into the cryptocurrency of your choice. It does this by first counting up your spare change from the previous week or month.

Launch tags:

Fintech•Web3

Launch Team

Michael Dempsey

CB Insights

How does this work in relation to coinbase transaction fees?

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8yr ago

Louis Lapat

Coinflash

Maker

Hi @mhdempsey, you get the same Coinbase transaction fee you would get if you went to Coinbase to buy that amount.

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8yr ago

Michael Dempsey

CB Insights

@louis_lapat I guess my point is that the smaller transactions seem like they'd get killed by the coinbase fees.

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8yr ago

Louis Lapat

Coinflash

Maker

@mhdempsey yes for sure, best to set to weekly or monthly investments so your buying over $10 at least, then the CB fees aren't so bad.

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8yr ago

Maxim Zubarev

@mhdempsey @louis_lapat you should try to use gdax.com, it's the same business and even account as coinbase and doesnt charge you the fees coinbase charges. You can transfer your funds from coinbase to gdax and vice versa easily.

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8yr ago

Louis Lapat

Coinflash

Maker

@mhdempsey @mxmzb I wonder how it will work with the API. I need to research this. Thanks Maxim.

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8yr ago

Hameto

What's your biz model? Coinbase doesn't appear to have an affiliate program. I've heard Shapeshift has a good one. (no need to spill any secret sauce, just curious if this is a sell-my-data service)

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8yr ago

Louis Lapat

Coinflash

Maker

@hameto_ holy crap, shapeshift looks awesome. This could be how I get more coins on board, they have an API: https://info.shapeshift.io/api I have more research to do but I think this could work, thanks man! I really want to get alt-coins in this thing. I do NOT sell your data, no plans to. As far as Coinbase, Coinbase gets like 35k users a day, which is insane: https://twitter.com/brian_armstr... So they have no idea I exist. Business model: I charge $1/month for this service, gonna add more goal-like-services down the road like https://www.qapital.com/, each one charging $1-$3/month. Kind of a tough road because only a percentage of the users are paying (I only charge if you have the service turned on) and I have API expenses, we'll see in a few months where I stand.

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8yr ago

Yvo Schaap

Maker Audience List

How do I sign up on your website? Don't see a CTA. And does the promo video show a "net loss" of $70? :)

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8yr ago

Stefan Wirth

Swiftbrief

@yvoschaap Sounds like a solid investment to me :p

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8yr ago

Louis Lapat

Coinflash

Maker

@yvoschaap @nafetswirth ha, I made this video the day BTC took a dump so my portfolio was down $70, bummer for the video. Should be a google sign in button on front page: https://imgur.com/a/4FI8c

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8yr ago

Louis Lapat

Coinflash

Maker

@yvoschaap @nafetswirth pretty sure I fixed the missing signin button bug, you guys wanna take another try?

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8yr ago

Stefan Wirth

Swiftbrief

@louis_lapat thanks Louis. Will do

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